Changyuan Electric Power subsidiary Guoneng Changyuan Songzi New Energy completes registration with a registered capital of 172 million yuan, advancing a 100k-kilowatt wind power project

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Recently, China Energy Group Changyuan Electric Power Co., Ltd. (Stock Code: 000966, Stock Abbreviation: Changyuan Electric Power) announced that its wholly-owned subsidiary—Guoneng Changyuan Songzi New Energy Co., Ltd. (hereinafter referred to as “Songzi New Energy”)—which was established to invest in the construction of the 100MW wind farm project in Babu Town, Songzi City, Guoneng Changyuan, has completed business registration and obtained the “Business License” issued by the local Market Supervision Administration. This move marks a significant step forward for Changyuan Electric Power in implementing the “carbon peak and carbon neutrality” strategy and optimizing the power source structure.

The announcement shows that the establishment of Songzi New Energy is an important measure for Changyuan Electric Power to deeply implement the concept of green transformation and development. The subsidiary will be responsible for investing in and constructing the 100MW wind farm project in Babu Town, Songzi City, with a planned installed capacity of 100k kilowatts. The relevant investment decision was approved through internal procedures on January 5, 2026, and has been disclosed externally.

Basic information about Songzi New Energy is as follows:

Item
Specific Content
Unified Social Credit Code
91421087MAK9JBEA6B
Name
Guoneng Changyuan Songzi New Energy Co., Ltd.
Registered Capital
RMB 171.58 million (17,158 ten thousand yuan)
Company Type
Other Limited Liability Company
Establishment Date
March 26, 2026
Legal Representative
Xu Shengjun
Address
Room 108, Building 1, Xing Sheng Road, Dalu Kou Community, Babu Town, Songzi City, Jingzhou, Hubei Province
Business Scope
Permitted items: power generation, transmission, and distribution; installation, maintenance, and testing of transmission, power supply, and receiving facilities. (Projects requiring approval according to law can only be operated after approval by relevant departments; specific business items are subject to approval documents or permits issued by relevant departments)
Shareholders and Shareholding Ratio
China Energy Group Changyuan Electric Power Co., Ltd., holding 85%; Hubei Investment Holding Development Group Co., Ltd., holding 15%

Changyuan Electric Power stated that the establishment of Songzi New Energy and the subsequent promotion of wind power projects will further optimize the company’s power source structure, increase the proportion of clean energy, and align with the company’s long-term development strategy. The company will fulfill its information disclosure obligations in a timely manner based on project progress.

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Editor: Xiao Lang Express

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